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$ 599,900
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New
225 Chaffey ST Welland, ON L3B 2Y7
2 Baths
2,064 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,064 sqft
Price per Sqft $290
Subdivision 773 - Lincoln/Crowland
MLS Listing ID X12055019
Building Age 51-99
Annual Tax Amount $2,670
Tax Year 2024
Property Sub-Type Investment
Property Description
Turnkey Duplex with Triplex Potential in the Heart of Welland with Vacant Possession! This beautifully maintained duplex is a perfect opportunity for house hackers, first-time buyers, or investors looking for a cash-flowing asset. With vacant possession after May 31st, 2025, it offers market rent potential and flexibility. Each spacious 1,000 sqft unit features separate utilities, including individual furnaces, A/C units, hydro meters, gas meters, owned water tanks and dedicated laundry. The property also offers ample parking for 3-4 vehicles. The basement, with a separate backyard entrance and great ceiling height, presents a great opportunity for conversion into a third unit (triplex potential), with key upgrades like sump pump installation and waterproofing already completed. Located in the heart of Welland, this is a rare chance to secure a versatile, income-generating property in a high-demand area!
Location
Province ON
County Niagara
Community 773 - Lincoln/Crowland
Area Niagara
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 40.0
Lot Depth 125.0
Listed by Rock Star Real Estate Inc., Brokerage